2024.12.11CPI Data Analysis and Opportunity Analysis

ที่อัปเดต:
Hello traders,

In the trading process, a tense market often presents a significant challenge. Such market conditions not only test our trading strategies but also continuously challenge our patience and psychological resilience.

**The Importance of Trial and Error Costs**

Everyone must understand that trial and error is an inevitable part of the investment process. Whether you are a novice or an experienced trader, you will go through cycles of success and failure in the market.

**The Key Role of Position Management**

In a tense market situation, position management becomes one of the important tools for controlling risk and optimizing returns. Proper position management can help us reduce losses during trial and error and ensure that we have sufficient funds to participate when the market rebounds. We can flexibly increase or decrease our positions based on market volatility, thereby maintaining relatively stable returns in an uncertain market.

Looking at the gold trend from late November to early December over 14 days, this is a standard tense market scenario. According to trading strategies and technical charts, there are times when bullish signals appear and times when bearish signals show up.

Despite filtering signals, such as waiting for a reversal signal on the 4-hour chart before looking for entry signals on the 1-hour chart, stop-loss occurrences still exist during these 14 days of trading.

Existence is rational! Just remember, there is no trading strategy that guarantees a 100% win rate. No matter what techniques or quantitative systems are used, reaching such a level is impossible.

Once you understand this, you will allow stop-losses to occur during the trading process. Accepting their occurrence is essential to deeply grasp the essence of trading.

**Gold**

On Monday, we noted:

**Currently, the 1-hour and 4-hour charts show gold resonance above the EMA, and given that Monday's market is relatively straightforward with fewer data interference factors, there is a chance for a breakout in a sideways market. It is recommended to look for 1-hour entry signals during the European and American sessions.**

Bullish targets remain:

- TP1: 2682
- TP2: 2703
- TP3: 2725

The first target of 2682 has been reached, and the second target of 2703 was reached during Wednesday's Asian session. It is recommended to reduce positions and continue holding gold longs.

Tonight, during the U.S. session, pay attention to the release of U.S. CPI data at 9:30 PM Beijing time. Before this, it is not advisable to open new positions ahead of the CPI data announcement. It is recommended to patiently wait for a stable ABC consolidation pattern to form above the EMA on the 4-hour chart before looking for new entry opportunities on the 1-hour chart.

What we focus on is not the CPI data itself, but the market's perception of the CPI data and the subsequent directional trends for decision-making.

GOOD LUCK!
LESS IS MORE!
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Bullish targets

- TP1: 2682
- TP2: 2703
- TP3: 2725

All hit on this Thurs morning .
Chart PatternsTrend AnalysisWave Analysisxauusdanalysis

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